A. The content fields of GST Tax-Invoice :
B. Tax invoice by Banking or Insurance company:
C. Tax Invoice by Transport Agency transporting Goods by road:
D. Tax Invoice by Transport Agency for transportation of passengers:
E. Contents of Bill of Supply:
A. The content fields of GST Tax-Invoice :
Rule 1 of the Tax Invoice Rules released by the government contains the list of fields required to be mentioned in a tax invoice.
(a) Name, address and GSTIN of the supplier;
(b) Serial Number of Invoice: a consecutive serial number, not exceeding sixteen characters in one or multiple series, containing alphabets or numerals or special characters hyphen or dash and slash symbolised as “-“ and “/“ respectively, and any combination thereof, unique for a financial year;
(c) Date of the Invoice: the date on which is has been issued;
(d) Name, address and GSTIN or UIN, if registered, of the recipient of goods and Services;
(e) Name and address of the recipient, place of delivery and the name of State and its code etc. are mandatory in invoice where recipient is un-registered but the value of taxable supply is fifty thousand rupees or more. It is important however to mention here that tax invoice is required to be issued by the supplier to a consumer even in case of any supply of more than 200 however other particulars are not required to be captured like place of supply, state name etc.;
(f) HSN code of goods or Accounting Code of Services;
(g) Description of goods or services;
(h) Quantity in case of goods and unit or Unique Quantity Code thereof;
(i) Total value of supply of goods or services or both;
(j) Taxable value of supply of goods or services or both taking into account discount or abatement, if any;
(k) Rate of tax (central tax, State tax, integrated tax, Union territory tax or cess);
(l) Amount of tax charged in respect of taxable goods or services (central tax, State tax, integrated tax, Union territory tax or cess);
(m) Place of supply along with the name of State, in case of a supply in the course of inter-State trade or commerce;
(n) Name, address and GSTIN of purchaser and recipient of goods separately in Bill to Ship to cases;
(o) Address of delivery where the same is different from the place of supply;
(p) Whether the tax is payable on reverse charge basis; and
(q) Signature or digital signature of the supplier or his authorized representative however where invoice is issued for supply received from unregistered person, signature or digital signature shall be done by recipient or his authorised representative:
Provided that the Commissioner may, on the recommendations of the Council, by notification, specify—
(i) the number of digits of HSN code for goods or the Accounting Code for services, that a class of registered persons shall be required to mention, for such period as may be specified in the said notification, and
(ii) the class of registered persons that would not be required to mention the HSN code for goods or the Accounting Code for services, for such period as may be specified in the said notification.
B. Tax invoice by Banking or Insurance company:
Where the supplier of taxable service is an insurer or a banking company or a financial institution, including a non-banking financial company, the said supplier shall issue a tax invoice or any other document in lieu thereof, by whatever name called, all information prescribe above is mandatory except:
s serially numbered,
s address of the recipient of taxable service.
C. Tax Invoice by Transport Agency transporting Goods by road:
Where the supplier of taxable service is a goods transport agency supplying services in relation to transportation of goods by road in a goods carriage, the said supplier shall issue a tax invoice or any other document in lieu thereof, by whatever name called, containing information prescribed above and also:
s the gross weight of the consignment,
s name of the consignor and the consignee,
s registration number of goods carriage in which the goods are transported,
s details of goods transported,
s details of place of origin and destination,
s GSTIN of the person liable for paying tax whether as consignor, consignee or goods transport agency.
D. Tax Invoice by Transport Agency for transportation of passengers:
Where the supplier of taxable service is supplying passenger transportation service, a tax invoice shall include ticket in any form, by whatever name called containing fields prescribed in rule 1 above except:
s serially numbered,
s address of the recipient of service.
E. Contents of Bill of Supply:
A bill of supply shall contain the following fields:
a) name, address and GSTIN of the supplier;
b) a consecutive serial number, in one or multiple series, containing alphabets or numerals or special characters hyphen or dash and slash symbolised as “-“ and “/“ respectively, and any combination thereof, unique for a financial year;
c) date of its issue;
d) name, address and GSTIN or UIN, if registered, of the recipient;
e) HSN Code of goods or Accounting Code for services;
f) description of goods or services or both;
g) value of supply of goods or services or both taking into account discount or abatement, if any; and
h) signature or digital signature of the supplier or his authorized representative
The proviso given in invoice above shall mutatis mutandis apply to bill of supply also. |
